CCV raises $318.6m

The Beijing-based venture capital firm has closed its second USD-denominated fund.

Fund name: CCV Fund II
Amount raised: $318.6 million
Stage of fundraising: Final close
Predecessor fund: CCV Fund I ($200 million)

China Creation Ventures has completed fundraising for its second USD-denominated fund, CCV Fund II, at $318.6 million. The funds will continue to invest in the TMT sector in China.